$205,000
SOLD OCT 7, 2021

268 Shady Glen Ln Rutledge, TN 37861

3 Beds
2 Baths
1,408 Sq Ft
0.91 Acres

Recently Sold

$146 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

  • Lake View
  • Ranch Style House
  • No HOA
  • Deck
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of August 2023

Do you want lake views and lake access without paying those lake prices? Here is your chance to own a 1 level, 3 bedrooms, 2 bath home with views of Cherokee lake. The home has a large wrap-around porch with plenty of space for entertaining or to just relax and look across the lake. Inside you will also find spacious living with an oversized master suite. Call me or your agent today to schedule a showing of this property.

Last Agent to Sell the Property

Dave Elkins

Elite Realty Group License #331981 Listed on: 07/19/2021

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1988

Lot Details

  • 0.91 Acre Lot
  • Level Lot

Parking

  • Attached Carport

Property Views

  • Lake
  • Mountain

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • Ceiling Fan
  • Metal Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room
  • Bonus Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Rutledge Elementary And Middle School
  • Grainger High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 041.11

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Carport Y N: Yes
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Lot Size: irr
  • Subdivision Name: No
  • Directions: GPS Friendly - From Lakeshore Rd to Boggs Rd then R on Shady Glen LN. Home will be on your R, SEE SIGN.
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 623.0
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 041.11
  • General Property Information:Lot Size Acres: 0.91
  • General Property Information:Lot Size Dimensions: irr
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Rutledge
  • Location Tax and Legal:Middle Or Junior School2: Rutledge
  • Location Tax and Legal:High School: Grainger High School
  • General Property Information:Living Area2: 1408.0
  • General Property Information:Above Grade Finished Area: 1408.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Laundry Room: Yes
  • Room Types:Bonus Room: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Utilities:Unknown Internet: Yes
  • Laundry Features:Main Level: Yes
  • View:Lake3: Yes
  • Other Structures:Shed(s): Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Basement: Crawl Space
  • Levels: One
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 1408.0
  • Window Features: Blinds, Double Pane Windows
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Blinds: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Attached Carport, Carport, Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Unknown Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None10: Yes

Schools

  • Elementary School: Rutledge
  • High School: Grainger High School
  • Middle Or Junior School: Rutledge

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 39639.6
  • Parcel #: 041.11
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 623.0
  • Tax Map Number: 061
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 30, 2023
Sold by
Gallagher Michael J and Dearry Martha A
Bought by
Dean A Peterseim Family Trust and Peterseim
Seller's Agent
Hannah Powell
Weichert Realtors Saxon Clark KPT
Buyer's Agent
Toni Drumwright
Greater Impact Realty Jonesborough
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$286,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,161
Avg. Annual Appreciation
3.73%

Purchase Details

Listed on
Jul 19, 2021
Closed on
Oct 7, 2021
Sold by
York Ed and York Kristin
Bought by
Gallagher Michael J and Dearry Martha A
Seller's Agent
Dave Elkins
Elite Realty Group
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$189,900
Sold Price
$205,000
Premium/Discount to List
$15,100
7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$205,000
Interest Rate
2.8%
Mortgage Type
USDA

Purchase Details

Closed on
Apr 12, 2013
Sold by
Todd Bonnie Wells
Bought by
York Ed and York Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,729
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1990

Purchase Details

Closed on
Aug 3, 1988
Bought by
Wells Richard G

Purchase Details

Closed on
Jan 1, 1983
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 Reliable Title
Warranty Deed $205,000 Williams Ttl & Closing Svcs
Warranty Deed $42,500 --
Warranty Deed $6,500 --
Warranty Deed $39,900 --
Warranty Deed $6,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $205,000 USDA
Previous Owner $41,729 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $265,000 -3.6% $180 / Sq Ft View Prior Sale
07/22/2023 07/22/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $275,000 +34.1% $187 / Sq Ft
10/07/2021 10/07/21 Sold $205,000 +8.0% $146 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $189,900 -- $135 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $596 $25,375 $4,775 $20,600
2023 $596 $25,375 $4,775 $20,600
2022 $583 $25,375 $4,775 $20,600
2021 $583 $25,375 $4,775 $20,600
2020 $623 $25,375 $4,775 $20,600
2019 $623 $22,250 $4,725 $17,525
2018 $538 $22,250 $4,725 $17,525
2017 $538 $22,250 $4,725 $17,525
2016 $538 $22,250 $4,725 $17,525
2015 $564 $22,250 $4,725 $17,525
2014 $564 $22,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 602982

Lakeway Area Association of REALTORS®

APN: 061-041.11